French Ambassador visits Iraqi Kurdistan
As part of his visit to the Kurdistan Region, the French Ambassador to Iraq, Mr Denis Gauer, along with the French Consul General, Mr Alain Guépratte and an accompanying delegation, visited the KRG Department of Foreign Relations to meet with the Head of the Department, Minister Falah Mustafa to discuss political developments as well as […]
New Report on Drought in Iraq
The United Nations’ Educational, Scientific, and Cultural Organization (UNESCO), has announced the launch of the Analysis Report “Integrated Drought Risk Management – National Framework for Iraq" produced by UNESCO’s Iraq Office under the Drought Risk Management (DRM) Project. During the previous months, UNESCO and UNAMI's Joint Analysis Unit assessed the information gathered and analyzed investigating […]
Karbala Boasts Iraq's Most Expensive Property
By Ibrahim al-Jibouri. This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Karbala Real Estate Boom: Sacred City Boasts Most Expensive Property in All Iraq The prosperous southern city of Karbala has not only got some of Shiite […]
New Pipeline Schedule "Under Review"
By John Lee. An unidentified spokesman from the Turkish Energy Ministry has told the Platts that it's not possible to build a new oil pipeline in the time expected by Kurdish officials. Ashti Hawrami, the Kurdistan Regional Government's Minister of Natural Resources, is reported to have said last week that it would take less than […]
First Hyatt-Branded Hotel in Iraq
By John Lee. Hyatt Hotels Corporation has announced that a Hyatt affiliate has entered into a management agreement with Claremont Group LLC, a New York-based real estate development company, for a Hyatt Regency hotel in the Kurdistan region of Iraq. Expected to open in 2017, Hyatt Regency Sulaymaniyah will be the first Hyatt-branded hotel in […]
Joint Statement by Maliki, Obama
In their recent meeting at the White House, President Obama and Prime Minister Nouri al-Maliki reaffirmed the strategic partnership between the United States and the Republic of Iraq and pledged to advance common interests to support a stable, secure, and prosperous Iraq and Middle East. They also discussed their shared commitment to enhance cooperation under […]
Iraq Beats Kuwait to Chinese Refinery Deal
By John Lee. Reuters reports that China's state-owned Sinochem Corp plans to use Iraqi crude oil for 40 percent of the capacity of its new refinery, in what the article describes as "the latest example of Iraq beating Middle Eastern rivals in the competition for new markets in Asia". The deal wold replacing a preliminary […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 31st October 2013). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,755 (-0.3%)/ $1,864 (-0.1%) (weekly change). The number of week traded shares was 4.2bn and the weekly trading […]
Nearly 1,000 Iraqis Killed in October
According to casualty figures released today by UNAMI, a total of 979 Iraqis were killed and another 1,902 were wounded in acts of terrorism and violence in October. The number of civilians killed was 852 (including 158 civilian police), while the number of civilians injured was 1,793 (including 218 civilian police). A further 127 members […]
Parliament Seeks Electoral Compromise
By Reidar Visser. The following article was published by Reidar Visser, an historian of Iraq educated at the University of Oxford and currently based at the Norwegian Institute of International Affairs. It is reproduced here with the author’s permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. As Maliki […]
Iraq Asks for Obama's Help
From CNN. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Prime Minister Niuri al-Maliki has traveled to D.C. to request aid from the United States. CNN's Barbara Starr reports:
US, Iraq Vow to Fight al-Qaeda
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Nouri al Maliki is in Washington to gather U.S. support to deal with violence in his country. Barack Obama says he wants an inclusive Iraq and that democratic elections should be held as […]